Global Trade Alert
Global Trade Alert

Brazil: Duty reduction and establishment of an import tariff-rate quota for certain chemical and pharmaceutical products (August 2024)

Announcement

08 Aug 2024

In August 2024, the government of Brazil modified the List of Exceptions to the Common External Tariff (LETEC). The changes were introduced via an amendment of Annex V of GECEX Resolution No. 272 of November 2021.

 

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

15 Aug 2024

Revocation date:

14 Aug 2025

Announced: 08 Aug 2024
Import tariff quota
On 8 August 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (Gecex) issued Resolution No. 628 establishing a temporary import tariff-rate quota for chrome sulfates under NCM 2833....
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Implementation date

15 Aug 2024

Revocation date:

14 Aug 2027

To be prolonged: 28 Aug 2025
Import tariff In force
On 8 August 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (Gecex) issued Resolution No. 628 eliminating the import duties on two products classified under the NCM codes 2931.49....
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Threads

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Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14468

interventions

186

jurisdictions